In terms of both business deals sealed and the number of visitors received, it seems that the global financial crisis has not severely influenced the 104th Chinese Import and Export Fair, also known as the Canton Fair.
According to Mu Xinhai, spokesperson for the trade fair’s organizing committee, compared with total transactions of $ 38.23 billion and 192,000 buyers from abroad seen during the fair last year in April, this year’s domestic exhibitors clinched trade deals worth $ 31.55 billion as 174,562 overseas buyers participated in the fair between Oct 15 to Nov 5.
Mu said that the large-scale of trade deals ensure the success of the organizing committee in reforming the nation’s biggest trade fair. The pattern of this year’s fair will not change in the foreseeable future, he added.
The 104th session is the first under the fair to be held in three stages and the exhibition period lasts 15 days, instead of 12 days previously.
Mu told us that we can see from the figures that the demand for Chinese commodities of global market will not drop down despite the slowdown of China’s exports growth under the negative influence of the financial crisis in US.
The 104th fair this year has a total of 21,917 domestic enterprises presenting their products, which were 4,000 more than in the previous session.
Popularity: 74%
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